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Remint Case Study: 11,000 New Users at $2 Each

Remint Case Study: 11,000 New Users at $2 Each

Campaign overview

Client
Remint
Industry
Real estate crypto app
Duration
June 1 to July 1, 2022
Campaign model
CPM and CPC
GEO
US and Canada, as well as global outreach
Platform
Android users

Key Campaign Results

  • 11,000

    total number of new users

  • $2

    average cost per new user

  • 70

    average number of new users per day

  • 42,686,441

    total number of impressions

Getting a project off the ground in the crypto space can be a major hurdle. The blockchain-driven economy continues to see growing competition. To break the ice and hit the ground running, real estate-based crypto app Remint turned to Bitmedia for help to become the best crypto-facing real estate solution.

The Campaign

  1. Global CPC campaign

    Following an examination of Remint, we recommended focusing on a global campaign instead of pigeon-holing their target audience. This consisted of cost-per-click (CPC) campaigns and the use of small adaptable banner sizes.

  2. CPM and CPC combination

    Looking to ramp things up, Remint’s account specialist asked for a combination of a cost-per-mille (CPM) and a CPC campaign. Although not as popular as its CPC equivalent, CPM is equally an effective advertising strategy. A CPM largely tracks impressions rather than clicks and ultimately aids a brand’s exposure to its target audience. Groups were added with geographical targets, white lists, and more banner sizes.

  3. Optimization

    To optimize the campaign process, different settings, especially the ad rerun, frequency capping, and budget placement, were tested. This helped the team to better reach out to each target group. To help segregate the results that started rolling in, the black and whitelists were regularly updated.

  4. Low bid auction

    The team also tested a low bid auction, wherein a group with a minimum bid and global settings without a whitelist was created. This helped Bitmedia to jettison poor-performing packages due to their inappropriate banner sizes.

Bitmedia.io and Remint App: two phones showing the Remint app on a white background
  1. CPM whitelist

    Ultimately, a whitelist for the CPM campaign was chosen, including premium publishers and relevant banner sizes. This allowed Bitmedia to optimise the ad campaign and create ad groups focused on geographical targets in the US and Canada.

This is a general overview of how the Bitmedia campaign process works. Bitmedia generally collaborates with clients in determining the best campaign strategy for them. 

With Remint, the results have been phenomenal since their journey with Bitmedia began in June 2022. Currently, the Remint app campaign runs on the CPM module with premium whitelists and regular websites. Their main target is the US and Canada, as well as global outreach.

The Results

This is the most interesting part of this case study. These results display the potential of running a crypto ad on Bitmedia. Remint’s campaign ran from June 1 to July 1, 2022. The data provided below tells the tale:

MetricResult
Total number of impressions42,686,441
Total number of clicks199,850
Total number of new users11,000
Average number of new users per day70
Average daily budget spent$140
Average cost per new user$2
Campaign results in numbers

These are the results from Android users alone. The Remint app team is impressed and already looking to run ads for iOS devices soon.

Bitmedia advertiser dashboard for Jun 1 – Jul 1, 2022: $1,986.55 spent, 2,571,146 impressions, 6,846 clicks, top countries and platforms
Dashboard screen with results (01/06 – 01/07)

Campaign Summary

Remint’s dashboard displays a one-month impression of 2.57 million and a 6,800+ click-through rate (CTR). For the month, Remint had a daily spend of $140 and an average expenditure of $2 per new user. The real estate crypto startup added over 11k new users in its first month of working with Bitmedia. We’re already planning their ad campaign for iOS devices. Get in touch with us today to attract audiences that will convert to loyal customers.

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